The Daily Hot Sheet of Real Estate News Trending Now
March 29, 2016
NAR: Feb. pending home sales up 3.5%
The index that gauges U.S. homes under contract rose to its highest level in seven months, and it would probably be higher if the market had more listings. Read more.
Builders: 25% of new-home costs stem from regulations
"The regulatory burden includes costs associated with permitting, land development, construction codes and other financial hindrances," NAHB told Congress. Read more.
Realtors say 2 out of 3 clients are referrals
For sellers, it's 3 out of 4 - but totals are only part of the equation. Family could make a referral, for example, because they've met the Realtor via Facebook. Read more.
Home equity surges by more than $1 trillion
CoreLogic: American homeowners now have about $1.2 trillion dollars more than they had a year ago thanks to rising home values - double the amount since 2011. Read more.
Fed: Interest rate increase 'may not be far off'
Federal Reserve President James Bullard suggested Thursday that the central bank's next interest rate hike would likely come in April or perhaps June. Read more.
Twitter decides to keep 140-character limit
Realtors who market on Twitter won't have to start writing 1,000-word essays. Twitter toyed with the idea of longer Tweets but backed off after users complained. Read more.
Southwest Florida: Population spike comes with international flavor
Perdido Key: Lost Key builds sense of community
Orlando: UCF to detail $65M downtown campus
Temple Terrace: Man living in condemned home defies order to leave
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